Phemex

Phemex

Spot Trading Volume(24h)
$625,323,269.5
8,954 BTC
Total assets
$387,572,334.62

About Phemex

What Is Phemex?

Phemex is a user-first cryptocurrency exchange serving over 10 million traders worldwide. Founded in 2019 by former Morgan Stanley executives, the platform combines institutional-grade infrastructure with accessible tools for traders at all levels. Phemex offers spot and derivatives trading, copy trading, wealth management, and fiat services — all backed by 99.999% uptime and ultra-low latency execution (5-10ms).

The exchange maintains 100% Proof-of-Reserves with Merkle Tree Verification, ensuring complete transparency. With 600+ spot trading pairs, up to 100x leverage on derivatives, and a thriving copy trading community of 17,000+ experienced traders, Phemex delivers professional-grade tools with a customer-centric approach.

Who Are the Phemex Founders?

Phemex was founded by former senior executives from Morgan Stanley who brought their Wall Street expertise to the crypto industry. The founding team saw the need for a platform that challenged the inefficiencies and exclusivity of traditional finance while putting users first. Their vision was to create an exchange that combined institutional-grade infrastructure with inclusive access, ensuring that everyone, regardless of background, can access the same financial tools and opportunities.

When Did Phemex Launch?

Phemex was founded in November 2019 and has grown to serve over 10 million users globally with strong presence across Eastern Europe, Latin America, MENA, and Southeast Asia.


Where Is Phemex Located? Phemex is registered in the British Virgin Islands under Phemex Ltd, and operates with a remote-first, decentralized structure serving users globally. The company maintains an international presence with localized teams in key markets across multiple continents.

Phemex Restricted Countries

Phemex serves users worldwide, though services are restricted in certain jurisdictions due to regulatory compliance. For the current list of restricted territories, please refer to Phemex's Terms of Use. For fiat deposit and withdrawal restrictions, see the List of Supported and Restricted Countries for Fiat.

What Coins Are Supported on Phemex?

Phemex offers 600+ spot trading pairs and 500+ futures trading pairs. Popular cryptocurrencies include: BTC, ETH, USDT, USDC, BNB, SOL, XRP, ADA, DOGE, AVAX, MATIC, DOT, LINK, LTC, SHIB, UNI, ATOM, APE, AAVE, MANA, FTM, SAND, COMP, ZEC, and more.

How Much Are Phemex Fees?

Phemex maintains competitive and transparent fee structures designed to accommodate traders at all levels. The platform offers volume-based discounts for high-frequency traders and charges zero fees on cryptocurrency deposits to trading accounts. Withdrawal fees vary by asset and network conditions. For complete and current fee details, visit Phemex's Fee Structure.

Is It Possible To Use Leverage or Margin Trading on Phemex?

Yes, Phemex offers comprehensive leveraged trading. Futures: Up to 100x leverage on USDT-margined and coin-margined perpetuals with unified margin system. Margin Trading: Cross-margin and isolated margin modes with advanced order types including OCO orders and trailing stops. Automation: Grid bots, Martingale strategies, copy trading with 17,000+ traders, and basket orders.

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Financial reserves
Updated at 1:47:09 PM
Total: $387,572,334.62
Reported directly by the exchange
TokenBalancePriceValue
USDT
0x9022...2ec52C
140,000,094.29$1$140,009,228.09
BTC
39rotu...WZh6ck
2,000$69,837.01$139,674,021.7
ETH
0x9022...2ec52C
10,600.09$2,117.49$22,445,634.61
XRP
rLMAAu...fdiDTg
15,157,753.97*$1.4$21,341,313.34
USDC
0x9022...2ec52C
11,100,095.93$1$11,102,024.49
USDT
0xf7d1...78ca49
10,896,508.48$1$10,897,219.38
USDT
0xf7D1...78ca49
10,896,508.48$1$10,897,219.38
XRP
rECMhX...2N6TLp
6,818,954.65*$1.4$9,600,726.34
USDT
THe3CV...MCGL8M
6,875,925.01$1$6,876,373.6
TRX
TM7rxy...duw9vD
8,148,435.89$0.3081$2,511,314.79

Only wallets with >500,000 USD balance are shown
* Balances from these wallets may be delayed

Token Allocation

Disclaimer:
All information and data relating to the holdings in the third-party wallet addresses are based on public third party information. CoinMarketCap does not confirm or verify the accuracy or timeliness of such information and data.

CoinMarketCap shall have no responsibility or liability for this public third party information and data. CoinMarketCap shall have no duty to review, confirm, verify or otherwise perform any inquiry or investigation as to the completeness, accuracy, sufficiency, integrity, reliability or timeliness of any such information or data provided.

Markets

  • SpotSpot
  • PerpetualPerpetual
  • FuturesFutures

Pair

All

#

Currency

Pair

Price

+2% / -2% Depth

Volume

Volume %

Liquidity

1

Bitcoin
$70,184.69
$16,867,492/$21,609,340
$235,897,926
37.72%

788

2

Ethereum
$2,137.55
$13,414,860/$14,023,016
$85,158,777
13.62%

821

3

XRP
$1.41
$5,479,804/$6,010,574
$31,561,130
5.05%

743

4

Solana
$88.85
$2,681,929/$2,698,718
$26,216,002
4.19%

692

5

TRON
$0.3092
$2,710,708/$2,882,051
$23,548,828
3.77%

601

6

USDC
$0.9999
$1,598,690/$2,788,108
$13,886,349
2.22%

675

7

Chainlink
$8.98
$1,218,849/$1,208,991
$10,380,120
1.66%

558

8

Cardano
$0.2584
$1,673,485/$3,199,031
$8,268,358
1.32%

597

9

Dogecoin
$0.09259
$3,388,642/$3,062,253
$7,710,237
1.23%

652

10

World Liberty Financial USD
$0.9997
$4,550/$5,366
$6,701,230
1.07%

348

11

Bitcoin Cash
$476.20
$396,339/$222,703
$5,494,713
0.88%

535

12

Ethereum
$2,136.18
$516,213/$998,389
$5,020,421
0.80%

624

13

Hyperliquid
$37.62
$88,975/$125,141
$4,139,224
0.66%

495

14

Pepe
$0.05339
$619,385/$430,572
$3,728,908
0.60%

458

15

OFFICIAL TRUMP
$3.24
$1,349,632/$943,753
$3,111,645
0.50%

586

16

Avalanche
$9.39
$169,734/$217,195
$2,581,741
0.41%

461

17

Zcash
$222.37
$109,936/$42,120
$2,463,785
0.39%

449

18

PAX Gold
$4,388.12
$7,668/$12,676
$2,299,711
0.37%

399

19

Bittensor
$275.84
$47,175/$33,658
$2,250,023
0.36%

351

20

Ethena USDe
$0.9993
$78,896/$58,056
$2,069,550
0.33%

543

21

Litecoin
$54.95
$1,491,520/$1,229,590
$2,015,107
0.32%

661

22

World Liberty Financial
$0.09798
$54,208/$63,716
$1,864,603
0.30%

414

23

Arbitrum
$0.09528
$311,704/$342,070
$1,828,744
0.29%

514

24

XRP
$1.41
$2,002,375/$2,021,769
$1,813,080
0.29%

622

25

Filecoin
$0.8858
$23,298/$22,342
$1,607,304
0.26%

401

26

NEAR Protocol
$1.30
$12,687/$8,992
$1,575,764
0.25%

383

27

BNB
$637.26
$1,021,823/$1,710,909
$1,555,157
0.25%

618

28

Sui
$0.942
$1,641,076/$1,784,819
$1,497,441
0.24%

650

29

Tezos
$0.3889
$224,518/$121,868
$1,482,869
0.24%

530

30

Aptos
$0.9378
$5,004/$5,644
$1,422,265
0.23%

317

31

Dash
$34.06
$26,921/$17,369
$1,416,502
0.23%

359

32

Shiba Inu
$0.05604
$1,011,387/$846,929
$1,383,710
0.22%

516

33

Worldcoin
$0.3126
$36,589/$13,285
$1,326,622
0.21%

399

34

Solana
$88.65
$132,774/$162,882
$1,236,840
0.20%

447

35

dYdX (ethDYDX)
$0.08438
$34,312/$42,162
$1,228,708
0.20%

416

36

Ethena
$0.09568
$2,506/$2,807
$1,174,713
0.19%

276

37

Turbo
$0.00116
$5,036/$5,166
$1,109,481
0.18%

306

38

Polkadot
$1.47
$8,087/$8,638
$980,269
0.16%

365

39

Hedera
$0.09233
$59,625/$35,912
$963,167
0.15%

370

40

EigenCloud
$0.195
$1,993/$1,837
$948,469
0.15%

181

41

Curve DAO Token
$0.2219
$22,856/$6,572
$932,942
0.15%

347

42

PancakeSwap
$1.39
$5,781/$6,055
$932,509
0.15%

321

43

Algorand
$0.08728
$4,647/$4,947
$921,229
0.15%

304

44

Artificial Superintelligence Alliance
$0.2153
$25,478/$23,529
$915,429
0.15%

324

45

BNB
$637.68
$88,572/$97,291
$894,767
0.14%

542

46

Cosmos
$1.82
$85,893/$97,677
$790,768
0.13%

467

47

Tempestas Copper
$5.46
$217/--
$767,222
0.12%

84

48

Stellar
$0.1619
$8,496/$9,731
$759,497
0.12%

370

49

Axie Infinity
$1.09
$24,390/$28,475
$757,402
0.12%

387

50

Optimism
$0.1166
$5,396/$6,710
$749,486
0.12%

322

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